Red Hat Looking to Expand Into Indonesia and Cloud-Computing
Red Hat Inc. has spent the past decade becoming one of the dominant commercial providers of the Linux operating system, but it is now looking to expand by exploiting opportunities in Indonesia, and in the field of cloud-computing systems. Red Hat Inc., which generated approximately 1.5 billion dollars in revenue last year, is expecting double digit revenue growth over the next year. This would follow 48 consecutive financial quarters in which Red Hat has shown revenue growth, but it is nonetheless a very optimistic expectation on the part of David Yap, Red Hat’s country manager for Malaysia and Brunei. This optimism, however, is strongly supported by indicators from the Asian Pacific market.